Precious metals showed mixed trends in the Indian markets today. Gold is trading on the higher side of the Multi Commodity Exchange (MCX) while silver prices have recorded a dip on Wednesday, July 10.
Gold futures, maturing on August 5, 2024, stood at Rs 72,570 per 10 grams, after recording a marginal hike of Rs 172 or 0.24 per cent. The previous close was recorded at Rs 72,398.
Meanwhile, silver futures, due on September 5, 2024, witnessed a dip of Rs 129 or 0.14 per cent and were retailing at Rs 92,840 per kg on the MCX against the previous close of Rs 92,969.
GOLD AND SILVER PRICES IN MAJOR CITIES
CITY | GOLD (per 1 grams, 22 carats) | SILVER (per kg) |
NEW DELHI | Rs 6,725 | Rs 94,500 |
MUMBAI | Rs 6,710 | Rs 94,500 |
KOLKATA | Rs 6,710 | Rs 94,500 |
CHENNAI | Rs 6,760 | Rs 99,000 |
The price of gold varies for different regions in the country based on certain parameters such as the excise duty, making charges and the state taxes.